Posts Tagged: Walmart


22
Oct 09

Daily Links for October 16th through October 22nd

All excerpts are quoted from the respective link(s).


12
Sep 09

Something Old, Something New

As if you needed another reason to hate Walmart (all emphasis mine):

Around the time that the young Sam Walton opened his first stores, John Kennedy redeemed a presidential campaign promise by persuading Congress to extend the minimum wage to retail workers, who had until then not been covered by the law. Congress granted an exclusion, however, to small businesses with annual sales beneath $1 million — a figure that in 1965 it lowered to $250,000.


26
Jul 09

Daily Links for July 25th

All excerpts are quoted from the respective link(s).

  • The Seminal » To Them, The Magic Of Low Prices Just Happens – "They don't think about the the girl in China who stitched their new jeans in a sweatshop for slave wages. Or the plight of the check-out woman who earns minimum wage without benefits, is often forced to work overtime without compensation, and whose children qualify for free lunches at school. They don't wonder about how Wal-Mart distorts and damages the free market by demanding unreasonable prices from vendors who have no choice but to do business with the 800-pound gorilla of the retail world. To them, the magic of low prices just happens."

31
Jan 09

Daily Links for January 30th


26
Feb 08

It’s the Disposable Income, Stupid!

There has been a trio of stories that have come out that point out the economic problem of rising inflation and stagnant wages and their affect on many American households.

First, we have the decline of US teen drivers from about 50% all the way down to 33%.  Then, in a local story, we have Pennsylvania State Senators worried about a dwindling lottery surplus, casting a suspicious eye at currently-being-implemented casinos.  Lastly, there is the NY Times story about the decline of Americans playing golf.

The reason I illustrate these is that there are all examples of items sensitive to Americans disposable income.

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